Jennings “Peacock” Victoria Silent Slot. Sep 21, 2014 Dan Morphy Auctions in NV 5 Cent O.D. Jennings “Peacock” Victoria Silent Escalator Bell Slot Machine c1932 w/ jackpot, In Working Condition, w/. On Sep 21, 2014. Though the machine shown is that of a Mills mechanism, most slot machines operate in a similar manner. How they work: An interesting look at how the jackpot works on the Jennings Victoria Peacock.
- Jennings Slot Machine For Sale
- Jennings Peacock Slot Machine Machines
- Jennings Slot Machine Company
- Jennings Slot Machine Repair
| Industry | slot machines, pinball and vending machines |
|---|---|
| Fate | Merger |
| Founded | 1906 (as Industry Novelty Company, Inc.) |
| Defunct | 1980s |
| Headquarters | Chicago |
| Ode D. Jennings (founder) |
Jennings & Company was a leading manufacturer of slot machines in the United States and also manufactured other coin-operated machines, including pinball machines, from 1906 to the 1980s. It was founded by Ode D. Jennings as Industry Novelty Company, Incorporated of Chicago. On the death of its founder in 1953, the company was succeeded by Jennings & Company.
History[edit]
Ode D. Jennings was born in Kentucky on September 6, 1874.[1]
Ode D. Jennings worked for the Mills Novelty Company and ran The Spectatorium, a penny arcade, for that company at the Louisiana Purchase Exposition (the 1904 World's Fair in St. Louis, Missouri).[1][2]
In 1906, Ode Jennings established Industry Novelty Company, Incorporated. Itsbusiness was the refurbishment of slot machines manufactured by Mills.[2]
Ode Jennings acquired United Statespatent 1,403,933, granted on 17 January 1922, for an improved mechanical coin-selecting device. The improvement related to the ejection of coins that were too small.[3]
In July 1923, O. D. Jennings & Co. had purchased out of liquidation the business of the Garbell Typewriter Corporation of Chicago, which manufactured the GAR-BELL portable typewriter, invented by Max Garbell. Despite further improvements, which were protected by patents, the machine was a failure in the market.[4]
In 1925, Ode Jennings moved to a house at what would become known as 220 Civic Drive (originally Schaumburg Road) in the village of Schaumburg, Illinois. The house would remain his home until his death.[1]
On November 24, 1925, Ode Jennings was granted, as inventor, United Statespatent 1,562,771 for an improved mechanical coin-control apparatus. The improved apparatus was said to be more efficient and to prevent subsequent coins jamming the apparatus while the first coin was being accepted.[5]
Between 1935 and 1936, O. D. Jennings & Co. manufactured a payout pinball machine called the Sportsman. The device was a gambling device, more akin to a slot machine than a modern pinball table.[6] Some of the technology in the machine was protected by United Statespatent 2,003,349, granted to inventor Clifford R. Dumble.[7]
On November 21, 1953, aged 79, Ode Jennings died at home in Schaumburg, Illinois after 47 years at the helm of the company he had founded.[1][2] He left everything to his wife, Jeannette Isle Jennings; they had no children; on the condition that it was denoted to his church and local hospitals on her death.[1] On 19 March 1954 Jennings & Company was incorporated under the laws of Illinois and it purchased the assets of O. D. Jennings & Company from the estate of Ode Jennings.
On May 15, 1957 Jennings & Company was merged into Hershey Manufacturing Company of Illinois, a company that had been incorporated on April 27, 1939. Over 80% of the business of Hershey Manufacturing then comprised the manufacture and sale of slot machines through its Jennings division, although it also engaged in governmental subcontract work and the manufacture of vending machines and photoflash equipment.[8]
By the early 1960s, there were five major manufacturers of slot machines in the United States. The table below sets out their approximate comparative percentages of sales:[8]
| Manufacturer | Location | Share of market |
|---|---|---|
| Jennings & Co., a division of Hershey Manufacturing Co. | Chicago | 40% |
| Mills Bell-O-Matic Corp. | Chicago and Reno | 35% |
| Ace Manufacturing Co. | Maryland | 15% |
| Buckley Manufacturing Co. | Maryland | 5% |
| Las Vegas Coin Machine Co. | Las Vegas | 5% |
| 100% |
By the early 1960s, the business had been acquired by American Machine and Science Company (AMSC) owned by Wallace Carroll. AMSC also acquired Bell-O-Matic Corporation, and the two companies were merged to form TJM Corporation. TJM Corporation was run by two brothers, Tony Mills and John Mills. The merged company failed to compete successfully with the electro/mechanical models produced by Bally and also suffered because Bell-O-Matic had not protected its intellectual property rights in Japan. The company ceased trading in the 1980s.[9]
In 1963, after the death of Jeannette Isle Jennings, the Jennings family house and surrounding lands were donated to the village of Schaumburg, Illinois and were used as the village hall until 1971. A gift of US$500,000 was denoted to the Northwestern Memorial Hospital of Chicago in November 1963 (then called the Passavant Memorial Hospital) and used to fund part of the construction of the Ode D. Jennings Pavilion, which opened in May 1966.[1]
References[edit]
- ^ abcdefRichard Bueschel (1995). 'How Could O. D. Jennings Be Forgotten?'. Retrieved 2006-09-03.
- ^ abcRichard Bueschel (1992-06-15). Jennings Slot Machines 1906-1990: Illustrated Historical, Maintenance and Repair Guide to Jennings Mechanical and Electromechanical 3-Reel Bell Machines.
- ^'US Patent 1,403,933'. United States Patent and Trademark Office. Archived from the original on 2006-12-20. Retrieved 2006-09-02.
- ^Will Davis (March 2006). 'The Victor Portable'(PDF). ETCetera Journal of the Early Typewriter Collectors' Association.
- ^'US Patent 1,562,771'. United States Patent and Trademark Office. Archived from the original on 2006-12-20. Retrieved 2006-09-02.
- ^Lynne and Michael Sands (October 2003). 'The Sands Mechanical Museum: Sportsman Restoration'. Retrieved 2006-09-03.
- ^'US Patent 2,003,349'. United States Patent and Trademark Office. Archived from the original on 2006-12-20. Retrieved 2006-09-02.
- ^ abUnited States. Congress. House. Committee on Interstate and Foreign Commerce (1962). Gambling Devices. U.S. Govt. Print. Off. p. 124.
- ^Feddy Bailey, quoted at 'Mécanique électrifiée ??'. Flippers-jukeboxes.net. Archived from the original on 2007-09-28. Retrieved 2006-08-30.
External links[edit]
- Garbell Typewriter photos & factory garbell.com
Conditions of Sale
Conditions of Sale
Kraft Auction Service LLC. AS AGENT
The lots listed in this catalogue will be offered by Kraft Auction Service LLC. as owner or as agent for consignor(s) subject to the following terms and conditions. By bidding at auction you agree to be bound by these Conditions of Sale.
BEFORE THE SALE
Prospective buyers are strongly advised to personally examine any property in which they are interested before the auction takes place.. All lots are sold AS IS and without recourse and neither Kraft Auction Service LLC. nor its consignor(s) makes any warranties or representations, express or implied with respect to such lots. Neither Kraft Auction Service LLC. nor its consignor(s) makes any express or implied warranty or representation of any kind or nature with respect to merchantability, fitness for purpose, correctness of the catalogue or other description of the physical condition, size, quality, rarity, importance, medium, material, genuineness, attribution, provenance, period, culture, source, origin, exhibitions, literature or historical significance of any lot sold. The absence of any reference to the condition of a lot does not imply that the lot is in perfect condition or completely free from wear and tear, imperfections or the effects of aging. No statement, whether written or oral, and whether made in the catalogue, or in supplements to the catalogue, an advertisement, a bill of sale, a salesroom posting or announcement, the remarks of an auctioneer, or otherwise, shall be deemed to create any warranty, representation or assumption of liability. Kraft Auction Service LLC. and its consignor(s) make no warranty or representation, express or implied, that the purchaser will acquire any copyright or reproduction rights to any lot sold. Kraft Auction Service LLC. expressly reserves the right to reproduce any image of the lots sold in the catalogue.
AT THE SALE
Refusal of Admission: Kraft Auction Service LLC. has the right, at our complete discretion, to refuse admission to the premises or participation in any auction and to reject any bid.
Registration before Bidding
A prospective buyer must complete and sign a registration form and provide identification before bidding. We may require bank or other financial references.
Bidding as Principal
When making a bid, a bidder is accepting personal liability to pay the purchase price, including the buyer's premium, all applicable taxes and all other applicable charges, unless it has been explicitly agreed upon in writing with Kraft Auction Service LLC before the commencement of the sale that the bidder is acting as agent on behalf of an identified third party acceptable to Kraft Auction Service LLC., and that Kraft Auction Service LLC. will only look to the principal for payment.
Absentee Bids
We will use reasonable efforts to carry out written bids given to us at least 24 hours prior to the sale for the convenience of clients who are not present at the auction in person, by an agent or by telephone. Bids must be placed in U.S. dollars. If we receive written bids on a particular lot for identical amounts, and these are the highest bids on the lot at the auction, it will be sold to the person whose written bid was received and accepted first. Execution of written bids is a free service undertaken subject to other commitments at the time of the sale and we do not accept liability for failing to execute a written bid or for errors and omissions in connection with the written bid.
Telephone Bids
On lots with a low estimate of $500 and above and if a prospective buyer makes arrangements with us prior to the commencement of the sale we will use reasonable efforts to contact them to enable them to participate in the bidding by telephone and we do not accept liability for failure to do so or for errors and omissions in connection with telephone bidding. These telephone bids may be recorded at the discretion of Kraft Auction Service LLC.
Online Bids
We will use reasonable efforts to carry out online bids and do not accept liability for equipment failure, inability to access the Internet or software malfunctions related to the execution of online bids.
Reserves
Some lots in the sale are subject to a reserve which is the confidential minimum price below which such lot will not be sold. Reserves are agreed upon with consignors or, in the absence thereof, the absolute discretion of Kraft Auction Service LLC. The auctioneer may open the bidding on any lot below the reserve by placing a bid on behalf of the seller. The auctioneer may continue to bid on behalf of the seller up to the amount of the reserve, either by placing consecutive bids or by placing bids in response to other bidders. With respect to lots that are offered without reserve, unless there are already competing bids, the auctioneer, in his or her discretion, will generally open the bidding at half of the low estimate for the lot. In the absence of a bid at that level, the auctioneer may proceed backwards at his or her discretion until a bid is recognized, and then continue up from that amount.
Auctioneer's Discretion
The auctioneer has the right at his or her absolute and sole discretion to refuse any bid, to advance the bidding in such a manner as he or she may decide, to withdraw any lot, and in the case of error or dispute, and whether during or after the sale, to determine the successful bidder, to continue the bidding, to cancel the sale or to reoffer and resell the item in dispute. If any dispute arises after the sale, our sale record is conclusive.
Successful Bid
The highest bidder acknowledged by the auctioneer will be the purchaser. In the case of a tie bid, the winning bidder will determined by the auctioneer at his or her sole discretion. In the event of a dispute between bidders, the auctioneer has final discretion to determine the successful bidder or to reoffer the lot in dispute. If any dispute arises after the sale, the Kraft Auction Service LLC. sale record shall be conclusive. Title passes upon the fall of the auctioneer's hammer to the highest acknowledged bidder subject to the Conditions of Sale set forth herein, and the bidder assumes full risk and responsibility.
AFTER THE SALE
Buyer's Premium
In addition to the hammer price, the buyer agrees to pay Kraft Auction Service LLC. a buyer's premium and the applicable sales tax added to the final total. The buyer's premium for purchases made via online bidding is twenty (20%) of the hammer.
Payment
The buyer must pay the entire amount due (including the hammer price, buyer's premium, all applicable taxes and other charges) no later than 3 days after the auction. Payment in U.S. dollars may be made with cash; credit card (Mastercard, Visa, Discover, American Express); bank check or cashier's check drawn on a U.S. bank; money order; or wire transfer unless other arrangements are made with Kraft Auction Service LLC. Kraft Auction Service LLC. reserves the right to hold merchandise purchased by personal check until the check has cleared the bank. The purchaser agrees to pay Kraft Auction Service LLC. a handling charge of $50 for any check dishonored by the drawee.
Collecting Purchases
Once Kraft Auction Service LLC. has received all funds due to us, the buyer shall collect purchased lots within seven (7) business days from the date of the sale.
Packing and Shipping
This year we will be using a third party shipper shipping directly from our facility. They will ship all items that can be handled by USPS and FedEx. Larger items (vehicles, upright slot machines, pianos, etc.) that need specialize shipping, we recommend using Navis Pack and Ship. You are always more then welcome as a buyer to use your owning shipping company, but you are responsible to have them pick it up at our facility within a week of the auction.
IF YOU ARE CONCERNED ABOUT A SHIPPING PRICE, PLEASE CALL OR EMAIL FOR A QUOTE BEFORE BIDDING. ONCE YOU BID AND BUY THE ITEM, IT IS YOUR ITEM AND YOU ARE RESPONSIBLE. WE DO NOT REFUND BUYERS FOR ITEMS BECAUSE SHIPPING WAS TO MUCH.
J&K Enterprises
jkshipenterprises@gmail.com
Navis Pack and Ship
Joliet, IL. Office Phone: 815-630-5673 Email: gtourville@navisjoliet.com
Non Payment
If we do not receive payment in full, in good cleared funds, within seven (7) business days following the sale, we are entitled in our absolute discretion to exercise one or more of the following measures, in addition to any additional actions available to us by law:
a.) to impose a late charge of one and a half percent (1.5%) per thirty (30) days of the total purchase price
b.) to hold the defaulting buyer liable for the total amount due and to begin legal proceedings for its recovery together with interest, legal fees and costs to the fullest extent permitted under applicable law
c.) to cancel the sale
d.) to resell the property publicly or privately with such terms as we find appropriate, to resell the property at public auction without reserve, and with the purchaser liable for any deficiency, cost, including handling charges, the expenses of both sales, our commission on both sales at our regular rate, all other charges due hereunder and incidental damages. In addition, a defaulting purchaser will be deemed to have granted us a security interest in, and we may retain as collateral security for such purchaser's obligations to us, any property in our possession owned by such purchaser. At our option, payment will not be deemed to have been made in full until we have collected funds represented by checks, or in the case of bank or cashier's checks, we have confirmed their authenticity.
e.) to offset against any amount owed
f.) to not allow any bids at any upcoming auction by or on behalf of the buyer
g.) to take other action as we find necessary or appropriate
Failure to Collect Purchases
If property is not picked up within seven (7) business days following the sale, whether or not payment has been made, Kraft Auction Service LLC. reserves the right to charge $5 per lot per day or to deliver said property to a public warehouse for storage at the purchaser's expense. Kraft Auction Service LLC shall have no liability for any damage to property left on its premises for more than seven (7) business days following the sale. In addition, we reserve the right to impose a late charge of one and a half percent (1.5%) per month of the total purchase price if payment is not made in accordance with the conditions set forth herein. For property that is not picked up after thirty (30) calendar days, an additional administration fee of $75 will be charged. Property which is paid for but left on our premises for any reason in excess of sixty (60) calendar days is subject to sale by us with the balance of any funds recovered in excess of storage charges and any other fees being remitted to you.
LIABILITY
Condition Reports
Kraft Auction Service LLC. is not responsible for the correctness of any statement of any kind concerning any lot, whether written or oral, nor for any other errors or omissions in description or for any faults or defects in any lot. Neither the seller, ourselves, our officers, employees or agents, give any representation, warranty or guarantee or assume any liability of any kind in respect of any lot with regard to merchantability, fitness for a particular purpose, description, size, quality, condition, attribution, completeness, authorship, authenticity, rarity, importance, medium, provenance, exhibition history, literature or historical relevance. Except as required by local law any warranty of any kind whatsoever is excluded by this paragraph. Items under $1,000 are collated upon request.
Purchased Lots
If for any reason a purchased lot cannot be delivered in the same condition as at the time of sale, or should any purchased lot be stolen, mis-delivered or lost prior to delivery, Kraft Auction Service LLC. shall not be liable for any amount in excess of that paid by the purchaser.
Legal Ramifications
The rights and obligations of the parties with respect to these Conditions of Sale, the conduct of the auction and any matters connected with any of the foregoing shall be governed and interpreted by the laws of the jurisdiction in Indiana. If any part of these Conditions of Sale is found by any court to be invalid, illegal or unenforceable, that part shall be discounted and the rest of the conditions shall continue to be valid to the fullest extent permitted by law.
Discretion
Any and all of the conditions may be waived or modified in the sole discretion of Kraft Auction Service LLC
Condition Report
Jennings Slot Machine For Sale
If you have a question on condition of a particular lot, please email us at Info@KraftAuctions.com. All items are sold as is, so if you have questions please ask. Also review all photos as we have taken several of each lot to avoid any unnecessary questions.
Jennings Peacock Slot Machine Machines
Payment
Payment can be made through the invoice emailed to you following the auction. If you do not pay within 4 days, your card will be automatically run for payment through AuctionZip/Invaluable payment system. Indiana State Sales Tax applied to all Indiana buyers (7%) on top of buyer's premium. 20% buyers premium. All items must be paid for by Wednesday January 17, 2018.
Shipping
Packing and Shipping
This year we will be using a third party shipper shipping directly from our facility. They will ship all items that can be handled by USPS and FedEx. Larger items (vehicles, upright slot machines, pianos, etc.) that need specialize shipping, we recommend using Navis Pack and Ship. You are always more then welcome as a buyer to use your owning shipping company, but you are responsible to have them pick it up at our facility within a week of the auction.
IF YOU ARE CONCERNED ABOUT A SHIPPING PRICE, PLEASE CALL OR EMAIL FOR A QUOTE BEFORE BIDDING. ONCE YOU BID AND BUY THE ITEM, IT IS YOUR ITEM AND YOU ARE RESPONSIBLE. WE DO NOT REFUND BUYERS FOR ITEMS BECAUSE SHIPPING WAS TO MUCH.
J&K Enterprises
jkshipenterprises@gmail.com
Navis Pack and Ship
Joliet, IL. Office Phone: 815-630-5673 Email: gtourville@navisjoliet.com
Jennings Slot Machine Company
Sales Tax
Jennings Slot Machine Repair
If you are a resident of Indiana or pick your items up in person, you will have to pay 7% Indiana Sales Tax. If you have a resale number, you must provide that so you do not have to pay the taxes. You must email that to me at Info@KraftAuctions.com. All other out of state buyers, you do not have to pay the sales tax. International buyers will have to all applicable taxes when item enters their country.